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Last month was the second in a row in which the index closed at a lower level than it started at, reports Reuters.
The latest declines come as Wall Street and Asian stock markets dipped as traders remained anxious about the debt crisis in Europe.
Yesterday, the news provider observed that the last quarter was the worst on record since 2008 for Wall Street, with experts citing the problems in Greece as a contributory factor.
Enis Mehmet, analyst at Autochartist, asserted that there are signs that the market will be increasingly volatile in the future.
"The weak close suggests that traders are likely to attack the low at 4,928.10 to see if they can trigger an acceleration to the downside," he stated.
Posted by Greg Secker
